There is much action in the world of electric conductors as NXP and Freescale, both semiconductor producers are planning on joining forces. Focused on creating smarter cars with smarter chip technology, both firms are leading the industry in creating cutting edge solutions. NXP will offer a cash and stock deal with a valuation of around […]
Acquisition
Dollar Store Struggle
The $8.9 billion offer by Dollar General to take over Family Dollar was rejected late August foreshadowing a long ordeal ahead. The latter mentioned dollar store company has concerns over the sale due to possible anti-trust issues. With a complete sale of ownership to Dollar General, the transaction would come into serious scrutiny by regulators. […]
Cerner Acquires Siemens Health IT Business
Cerner, which provides electronic health records, is set to acquire the healthcare information technology business off of Siemens at the tune of $1.3 billion. The valuation comes from just over one times the sales of the Siemens division. Neal Patterson, the head of Cerner, is looking forward to what it can provide to his already […]
Facebook Buys WhatsApp
Facebook’s $19 billion acquisition of mobile messaging service WhatsApp is the company’s largest acquisition and translates to approximately 11 percent of Facebook’s market value. The deal is larger than any acquisition completed by Google, Microsoft or Apple, with Google’s biggest deal being a $12.5 billion purchase of Motorola Mobility and Microsoft’s biggest deal with Skype […]